Westpac Term Deposit

1. Westpac Term Deposit Rates Over 65
2. Westpac Australia Term Deposit Rates
3. Westpac Term Deposit Interest
4. Westpac Term Deposit Calculator

Westpac Term Deposit Rates Over 65

Westpac offers their personal banking customers a variety of accounts to choose from. They have an everyday banking account called Westpac Choice (their most popular bank account), an online savings account (Westpac eSaver) and term deposit.Other services that they offer include: credit cards, insurance, home loans, personal loans, superannuation, financial planning and share trading. A Westpac term deposit is a type of savings product provided to personal banking customers for saving. It allows customers to investment money for a fixed interest period with terms ranging from 1 to 5 years with interest paid monthly or at maturity. Westpac Term Deposit Interest Rates. A Westpac Term Deposit can give you the certainty of knowing exactly what the return on your money will be. Directly to an account held with Westpac that is in the same name as your Term Deposit account; or Through direct credit to an account at any Australian financial institution. Please note that interim interest payments cannot be made to Term Deposit accounts or Farm Management Deposit accounts.

Features and benefits

• No monthly account service fee or establishment fee
• High fixed interest rate on balances of $1,000 and above¹
• A range of fixed investment terms available to suit your needs
• Interest paid 6 monthly and at maturity².

Fees

Refer to the Fiji Customer Service Fees Booklet for details (PDF 98KB)

Here’s what to do.

To open a Westpac personal bank account, you’ll need to provide us with a signed and completed personal account opening form, along with some current identification documents.

We need to verify the following:

1. Full name
2. Date of birth
3. Residential address
4. Occupation
5. Photo identification and signature
6. Citizenship
7. Income source documentation

To ensure these 7 points above are verified, we need at least two primary ID documents or one primary plus two secondary ID documents. All documents must be original and current unless specified. If additional documents are required, we’ll let you know.

Download the Opening a Personal Bank Account Brochure (PDF 129KB) for a list of accepted Identification and Additional Identification required for non-residents. Visit your branch or call 132032 for more information.

Need help?

Simply speak to a Banking Representative by calling 132 032.

Westpac Australia Term Deposit Rates

Things you should know

Conditions apply. Offer excludes corporate, institutional and government customers. If you are on a special rate and your Term Deposit rolls over automatically, the Term Deposit may be automatically re-invested at a lower rate than the current interest rate.

Westpac Term Deposit Interest

1. Interest rate adjustment may apply if funds are withdrawn before maturity.

Westpac Term Deposit Calculator

2. Once your fixed term ends, you can withdraw your funds via bank cheque, cash or direct credit into another bank account.